DEAK CONSTRUCT
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €52,443, after a profit of €66,933 in 2024.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €43,235 | - |
| Depreciation and write-downs of the year | €23,459 | €3,144 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €1.2m | €0.7m | ▼ 44.4% |
| Goods, raw materials, services and sundry goods60/61 | €1.1m | €0.7m | ▼ 35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.003m | ▼ 86.6% |
| Other operating charges640/8 | €0.01m | €0.006m | ▼ 41.2% |
| Gross operating margin9900 | €0.1m | -€0.04m | - |
| Operating profit (loss)9901 | €0.07m | -€0.05m | - |
| Financial income75/76B | - | €98 | - |
| Recurring financial income75 | - | €98 | - |
| Financial charges65/66B | €485 | €299 | ▼ 38.3% |
| Recurring financial charges65 | €485 | €299 | ▼ 38.3% |
| Profit (loss) for the period before taxes9903 | €0.07m | -€0.05m | - |
| Income taxes67/77 | €0.02m | - | - |
| Profit (loss) for the period9904 | €0.05m | -€0.05m | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | -€0.05m | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €87,044 | €25,642 | ▼ 70.5% |
| Fixed assets21/28 | €19,776 | €1,682 | ▼ 91.5% |
| Tangible fixed assets22/27 | €19,776 | €1,682 | ▼ 91.5% |
| Furniture and vehicles24 | €19,776 | €1,682 | ▼ 91.5% |
| Current assets29/58 | €67,268 | €23,960 | ▼ 64.4% |
| Amounts receivable within one year40/41 | €33,182 | €15,330 | ▼ 53.8% |
| Trade receivables40 | €3,010 | €15,330 | ▲ 409% |
| Other amounts receivable41 | €30,172 | - | - |
| Cash at bank and in hand54/58 | €34,086 | €8,630 | ▼ 74.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €87,044 | €25,642 | ▼ 70.5% |
| Equity10/15 | €54,697 | €2,053 | ▼ 96.2% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Contributions outside capital11 | €5,000 | €5,000 | = |
| Other1109/19 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €49,697 | -€2,947 | - |
| Amounts payable17/49 | €32,347 | €23,589 | ▼ 27.1% |
| Amounts payable within one year42/48 | €32,347 | €23,589 | ▼ 27.1% |
| Current portion of amounts payable after more than one year42 | €8,544 | €1,912 | ▼ 77.6% |
| Trade debts44 | €5,653 | €930 | ▼ 83.5% |
| Suppliers440/4 | €5,653 | €930 | ▼ 83.5% |
| Taxes, remuneration and social security45 | €18,100 | €19,591 | ▲ 8.2% |
| Taxes450/3 | €18,100 | €19,591 | ▲ 8.2% |
| Other amounts payable47/48 | €50 | €1,157 | ▲ 23× |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €49,697 | -€52,645 | - |
| + Depreciation and write-downs630 | €23,459 | €3,144 | ▼ 86.6% |
| Operating cash flow (approximation) | €73,156 | -€49,501 | - |
| Investment in fixed assets (approximation) | - | €14,950 | - |
| Change in cash | - | -€25,456 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 757 companies had the same profile as DEAK CONSTRUCT has now. Two years later, 86.8% were still going and 7.9% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DEAK CONSTRUCT itself: 2.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 757 companies, not a prediction for DEAK CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.